Syrah Resources (Syrah Resources) Construction In Progress : $339.57 Mil (As of Dec. 2023)

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What is Syrah Resources Construction In Progress?

Syrah Resources's quarterly construction in progress declined from Dec. 2022 ($184.40 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($339.57 Mil).

Syrah Resources's annual construction in progress increased from Dec. 2021 ($84.90 Mil) to Dec. 2022 ($184.40 Mil) and increased from Dec. 2022 ($184.40 Mil) to Dec. 2023 ($339.57 Mil).

Syrah Resources Construction In Progress Historical Data

The historical data trend for Syrah Resources's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Syrah Resources Construction In Progress Chart

Syrah Resources Annual Data

Trend

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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59.53

67.97

84.90

184.40

339.57

Syrah Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															84.90	-	184.40	-	339.57

Syrah Resources Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Syrah Resources (Syrah Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Syrah Resources Ltd (OTCPK:SYAAF) » Definitions » Construction In Progress

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Traded in Other Exchanges

SRHYY:USA 3S7:Germany SYR:Australia

Address

477 Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

https://www.syrahresources.com.au

Syrah Resources Ltd is an Australia-based company engaged in mining, mineral exploration, evaluation, and development. The company operates in three segments: Balama, Vidalia, and Corporate. All the company's revenue is derived from the Balama segment, where it produces and sells natural flake graphite from the Balama graphite mine in Mozambique. The company sells graphite globally to customers in Europe, China, India, the Americas, and other locations.